LYG 6-K
Lloyds Banking Group plc (LYG)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
23 October 2024
Commission File number 001-15246
LLOYDS BANKING GROUP plc
(Translation of registrant’s name into English)
25 Gresham Street
London
EC2V 7HN
United Kingdom
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1) ________.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7) ________.
This report on Form 6-K shall be deemed incorporated by reference into the company’s Registration Statement on Form F-3 (File No. 333-265452) and to be a part thereof from the date on which this report is filed to the extent not superseded by documents or reports subsequently filed or furnished.
EXPLANATORY NOTE
Lloyds Banking Group plc hereby incorporates by reference the following exhibit to this report on Form 6-K into its Registration Statement on Form F-3 (File No. 333-265452):
| Exhibit | Document |
|---|---|
| 99.1 | Capitalisation table as at 30 September 2024 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.
| LLOYDS BANKING GROUP plc | |
|---|---|
| By: | /s/ William Chalmers |
| Name: | William Chalmers |
| Title: | Chief Financial Officer |
| Dated: | 23 October 2024 |
Document
EXHIBIT 99.1
CAPITALISATION
The following table shows the capitalisation and indebtedness of Lloyds Banking Group plc together with its subsidiaries (the Group) on a consolidated basis as at 30 September 2024. In accordance with IFRS, certain preference shares are classified as debt and are included in subordinated liabilities in the table below.
| Capitalisation | At 30 Sep 2024<br><br>£m |
|---|---|
| Equity | |
| Ordinary shareholders’ equity | 40,258 |
| Other equity instruments | 5,932 |
| Non-controlling interests | 231 |
| Total equity | 46,421 |
| Indebtedness | |
| Subordinated liabilities | 10,860 |
| Debt securities | |
| Debt securities in issue at amortised cost | 70,805 |
| Liabilities designated at fair value through profit or loss | 4,964 |
| Total debt securities | 75,769 |
| Total indebtedness | 86,629 |
| Total capitalisation and indebtedness | 133,050 |
Excluding indebtedness issued under government-guaranteed funding programmes, none of the indebtedness set forth above is guaranteed by persons other than members of the Group. As of 30 September 2024, all indebtedness was unsecured except for £17.5 billion of securitisation notes and covered bonds and £1.1 billion of debt securities issued by the Group’s asset-backed conduits.
On 3 October 2024 the Group issued £763 million of Additional Tier 1 securities, accounted for as other equity instruments.
There have been no issuances or redemptions of subordinated liabilities since 30 September 2024.
There has been no material change in the information set forth in the table above since 30 September 2024.